Key financials
Underlying revenue £13.4bn (FY 2014: £13.9bn), down 1% at constant exchange rates
Underlying profit before tax £1,432m (FY 2014: £1,620m), down 12% at constant exchange rates
o £1,355m before one-off items (see page 4) in line with lower half of 2015 guidance range
Restructuring programmes started prior to November 2015 continue to make good progress:
o £145m of annualised cost savings expected by end 2017
Final payment to shareholders reduced by 50% to 7.1 pence per share (2014 final: 14.1 pence)
Trading outlook for 2016 unchanged
4% growth in order book underpins confidence in strong market share growth for Civil Aerospace